What information is required to be reported on the 1099-K form for cryptocurrency activities?
ty01.han -Nov 15, 2022 · 3 years ago1 answers
What specific information do I need to provide when reporting cryptocurrency activities on the 1099-K form?
1 answers
- Cannon SommerSep 26, 2021 · 4 years agoReporting cryptocurrency activities on the 1099-K form requires specific information. You'll need to provide the gross amount of your cryptocurrency transactions, your name and address, and your taxpayer identification number. If you received payments in cryptocurrency from a third-party payment settlement entity, you'll also need to include their details. It's important to accurately report this information to ensure compliance with tax regulations.
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